BdB Adds Senior Debt

Oct 3, 2012

Banco do Brasil (BdB) has returned to the dollar market for an opportunistic $1.75bn 10-year senior bond, getting more than $11bn in demand. “We have been starved for senior paper after seeing quite a bit of Tier 2,” says one investor following the trade, referring to recent sales from banks including BTG Pactual, BBVA Bancomer and...